Intrinsic Value
Mercury General Corporation (MCY)
$53.63
+0.96 (+1.82%)
Enterprise Value | 4,832.72 |
---|---|
Net Debt | 37.06 |
Equity Value | 4,795.66 |
Shares Outstanding | 55.37 |
Equity Value Per Share | 86.61 |
Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt